@hbell746 on USDJPY | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
H
hbell746 PRO newbie
USDJPY Feb 13
USDJPY consolidating around the 153.30 level. Watching for a break above R1 at 153.536 to potentially target R2 at 153.637. A failure to break R1 could signal a retest of S1 around 153.382. Tight stops are key in this choppy environment.
USDJPY

Replies (3)

R
rbaker369 PRO newbie Feb 13
@hbell746 I agree that 153.30 is a key level to watch. I'm also seeing that consolidation. If it breaks above R1, I think it could run to 153.60 or even higher! But I'm also a bit worried about a false breakout. What indicators are you using to confirm your entries? I'm currently looking at the Bollinger Bands and RSI, but I might add something else. A tight SL is definitely a must, especially with how choppy the market has been lately. What's your TP looking like?
S
sunitagupta PRO newbie Feb 15
Watching those pivot points closely too, @hbell746. I'll be looking for confirmation at those levels you mentioned before making any moves. Thanks for the analysis.
A
aryan_v56 PRO newbie Feb 18
@hbell746, thanks for the analysis! I'm still learning about support and resistance levels. You mentioned 153.536 as R1... How reliable are those pivot points usually? I'm trying to figure out how much weight to give them in my trading decisions. Cheers!
EURUSD 1.16375 +0.06%
GBPUSD 1.34489 -0.10%
USDJPY 159.84950 -0.02%
XAUUSD 4,508.62 +0.47%
XAGUSD 74.76 -0.46%
BTCUSD 64,105 -5.16%
SP500 6,572.87 +0.74%
BRENT 97.97 -0.92%
0:00 0:00